Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Ethereum retested once again a very strong previous weekly resistance area and is currently again rejecting this zone towards the downside.
However also just recently we had a bullish ema crossover and are now starting to create weekly bullish market...
Hello everyone, let's look at the ETH to USDT chart on the 4-hour timeframe. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $1550, if the support is broken then the next support is $1530 and $1515.
Now let's move to the resistance line, as you can see...
The current price of Ethereum is 1563. It has declined recently, as per the news article provided.
The RSI (Relative Strength Index) is 35.8, which suggests that Ethereum is approaching oversold levels. However, it's important to note that oversold conditions do not necessarily indicate an immediate price reversal.
The Fibonacci retracement levels can provide...
Price is still consolidating on the 4h demand zone showing no major movements. MACD is showing bearish weakness, RSI is sold and EMAs are turning bearish. I expect to see some bullish movements towards the 6h supply around $1,625 before potentially moving down again.
Ethereum failed to break through the support level at 1600 and it went sideways after a sharp move down.
The market is consolidating, and the price is likely to break the box and continue moving down toward major support at 1500.
We are considering selling the pullback.
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Share your opinion in the comments and support the idea with Like....
ETHUSDT, the price is currently testing the demand daily zone below the weekly resistance at the 1700$ area.
This suggests that there is significant buying pressure at these levels, which could potentially lead to a price reversal in the near future.
As per Plancton's rules, traders should wait for a pullback before entering new positions.
If a pullback does...
Price dropped and retested the 4h demand zone around $1,550 where it is currently bouncing from. MACD turned bearish, RSI is sold and EMAs are neutral. I expect to see some bullish movements towards the $1,625 area where we have a supply zone before potentially moving down again from there.
I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First of all, using the blue lines, we can mark the local downtrend channel in which the price is currently moving.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark support, and as you can see, the price stopped at a very strong...
Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Over the past 3 weeks, I've noticed that fractals from early bull markets during 2018 and 2021 are repeating across the charts. I've...
i see that the price should go hit the main trendline again , because there is no way the the price go up on that middle trendline with that degree angle for too long , so expect the price going to the 1460 soon .
let me know in comment what you think :)
note: my previous analysis was 100 accurate :)
thank you
i see that the price should go hit the main trendline again , because there is no way the the price go up on that middle trendline with that degree angle for too long , so expect the price going to the 1460 soon .
let me know in comment what you think :)
note: my previous analysis was 100 accurate :)
thank you
The instrument is currently in a medium-term uptrend. The current market power on a scale of zero to one hundred is 56. Buying is recommended. Locally, the price has formed an ascending price channel and is currently trading inside it. The lower boundary of the channel is at the level of 1606.07, while the upper boundary is at the level of 1777.86. Considering...
ETHUSD💥1H-TIMEFRAME ANALYSIS
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This is my new idea for 💥Ethereum
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